Of course Yeltsin was a big part of the problem too.
Of course Yeltsin was a big part of the problem too.
There was such a plan, at least in the twisted minds of the people behind the Washington Consensus. They were calling it privatization or price liberalization or some other non-sense like that, thing is the common people got the very, very short stick (like my parents, who lost their jobs, their city apartment and who had to resort to literally subsistence agriculture in a matter of 4-5 years maximum; I'm not from Russia, but still from the former communist space) while some lucky ones from amongst us became entrepreneurs and business leaders. Also, most of the really juicy assets (like almost of all our banking sector, our oil resources etc) got sold to Western companies, but that was a given if we wanted to become part of the European Union and of the West more generally speaking.
Yes, I've started to become more and more bitter as the years have gone by, I'm now almost the same age as my dad was in the mid-'90s, when all hell started to economically unravel. Nobody had asked my parents, or us, who were mere kids and teenagers back then, if we were agreeing to the sacrifices that they were going to impose on us.
https://economistwritingeveryday.com/2022/03/16/the-transiti...
A lot of Russia's issues stem from the way the government sold off their state owned corporations, which created artificial monopoly/oligopoly owners overnight — often insiders/cronies to begin with. This can be contrasted with traditional market economies where large corporations start off as small companies and become dominant through innovation, growth, and generally meeting consumer demands.
Because whose who installed them of course now knew where are someone with something worth protecting with a steel doors.
If you look at houses in Compton and see metal bars on the windows, you don't instantly think "man, they must have lots of expensive stuff to steal". Kind of the same deal here.
For once, I don't think that they would consider leaving all of their valuables in front of the front door where everything is visible. Unless installing the front door includes rummaging through the entire apartment, all while the person living there is just standing and smiling. Which, I assure you, isn't how it usually goes.
And I am not trying to make it as some attack on people living in the west, I am one of them now myself. It speaks more about how safe and comfortable the modern western life can be, compared to what it was in those eastern european countries back then, that we can afford to be so oblivious to our surroundings and so much less cautious.
I see oblivious and naive people everywhere all the time (eg phone scams)
> they were way more cautious and aware of their surroundings than modern people living in the west are
Thanks for assuming I'm just a stupid guy from the West.
> all of their valuables in front of the front door where everything is visible
Of course not, but there is a lot of things what can tell you there could be valuables there. Ruined flat in a commie block is one thing, but a freshly renovated flat in that commie block is another thing.
If you think a little you can, probably, understand why I know that.